LETTER: Capitalism doesn’t work because it fosters greed

In reference to the letter by Scott Burrows concerning ” Group wants Nelson to be considered for basic income,” I really must protest. Scott’s axiom that capitalism is “the bedrock of Western democracy” and that we, as citizens of that culture should struggle to fulfill that ideal – is utterly preposterous.

The idea that we all need to work to benefit society is a good one – it would be nice if it actually were so. The fact that so many people are unemployed here is a simple symptom of the real issue – and that is capitalism does not provide for the society when it breaks down. CBT just gave $400,000 for studies and for changing “the perception” of what homelessness is and means!! My God – they could have actually provided many jobs instead of just one – and housing for those who need it! The reason capitalism doesn’t work is because it fosters greed. It does not provide a healthy atmosphere for people to grow in. When people are not under the yoke of capitalism or having to be “in survival mode” they turn their attention to making their lives better – which means doing things that help society as a whole. It is only because they are in survival mode that they do not do these things!

Our town is the perfect environment for this type of societal experiment. There are many artists, healers, inventors and creative people here who would not only benefit from it but also give back to society in a meaningful way.